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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

XTrend Speed

South Africa South Africa | 5-10 years |
Questionable Regulatory License | Self-developed | High Potential Risk

https://www.xtrendspeed.com/en-US

Website

Rating Index

Regulation 2.69 Tech 8.46 Reputation 5.54 Business 7.96 Risk Control 1.07
1.57

Influence

Influence

B

Influence Index NO.1

South Korea South Korea 3.85
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.xtrendspeed.com/en-US
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Self-developed
High Potential Risk
Hacked by Alfan

Hacked by Alfan

Authenticated
Unverified

Malaysia

Broker modify my system without updating..and before other parts can be used..now it can no longer be implemented..Broker commits a lot of fraud in managing events..

FX2161934651

FX2161934651

Unverified

Philippines

my entry time was at 6:27 am. up and down maeket was at 6:19-6:20.

FX2770801058

FX2770801058

Unverified

South Africa

I hate scammers really, I made profit and I awoke to my funds being taken from me.

Chris4642

Chris4642

Unverified

Hong Kong

They require a proof of my address issued by my company, otherwise the payment will not be made. My address is recognized by the government, banks, etc. But the platform still requires the company to prove my address, and even if I provide the company's certificate, there is still no guarantee that I can withdraw money.

Alechef

Alechef

Unverified

Vietnam

I made 8 withdrawal requests, all rejected!! They justify themselves by saying that my bank rejects the request! BEWARE. IT'S A SCAM.

dewasuling

dewasuling

Unverified

Indonesia

I've been using this app for a long time, but recently I created a new account and made a deposit to complete the mission. There were many interesting missions on Xtrend speed, but after withdrawing a few days later several features and missions were removed from the account. There was no notification or clear reason from SC Xtrend speed. I checked on my grandmother's account, and the feature was still there but on other accounts, it was removed. I traded on the old account again and managed to do WD once, but a few days later several features and missions on my account disappeared. There were still no warnings or notifications. Based on conversations with the personal manager, he couldn't explain a rational reason. He just said, "The event has ended". I checked my friend's account, and the features and missions were still there. I think the service on this app is no longer transparent and has a detrimental game and that is what decided me to stop trading on this app.

wedussss

wedussss

Unverified

Indonesia

Withdrawals are always rejected for unclear reasons. Fraudulent site.

Kendrick Thoroughgood

Kendrick Thoroughgood

Unverified

Pakistan

The website also lacks detailed educational resources, which is a bummer for someone like me who's always looking to up their trading game. And no 24/7 customer support? I've run into issues that needed immediate attention, and the limited availability was frustrating.

14
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MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Trading Apps
All 3
iOS 1
Android 2
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XLearner
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XTrend Speed Trading
RYNAT CAPITAL (PTY) Ltd
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模块说明(前端未翻译)
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Target Language
Market Analysis
Ad Placement

Verified Site
模块说明(前端未翻译)

  • xtrendspeed.com
    8.209.67.162
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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XTrend Speed

Related Companies

RYNAT TRADING LIMITED(Cyprus)
Cyprus
RYNAT TRADING LIMITED(Cyprus)
Active
Cyprus
Registration No. HE344135
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

XTrend Speed Review Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationCySEC/FSCA (Suspicious clone)
Market InstrumentsForex, commidities, indices, shares
Demo Account✅
Leverage1:30-1:300
SpreadFloating
Trading PlatformXTrend Speed
Copy/Social Trading✅
Minimum Deposit/
Customer Support22/7 support
Live chat, contact form
Email: complaints@rynatcapital.com
Social media: WhatsApp, Telegram, Facebook, X, Linked, Youtube, Trading View
Regional RestrictionsAfghanistan, Albania, United States, Bahamas, Barbados, Belarus, Belgium, Botswana, Burkina Faso, Burundi, Cambodia, Canada, China, Cyprus, North Korea, Democratic Republic of Congo, Republic of Congo, Ghana, Gibraltar, Iceland, Iran, Jamaica, Jordan, Mali, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Sudan, Syria, Tanzania, Trinidad and Tobago, Uganda, Ukraine, Venezuela, Yemen, Zimbabwe, Rusia clients are not allowed

XTrend Speed Information

XTrend Speed is a suspicious clone broker, offering trading on forex, commidities, indices and shares with leverage up to 1:300 and floating spreads on XTrend Speed trading platform.

XTrend Speed's homepage

Pros and Cons

Pros Cons
Demo accountsSuspicious Clone licenses
Copy/social tradingNo MT4/MT5 platform
Multiple payment options
Live chat support

Is XTrend Speed Legit?

No. XTrend Speed is currently a suspicious clone broker. Please be aware of the risk! It also offers negative balance protection.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)Suspicious CloneRynat Trading LtdMarket Maker (MM)303/16
Financial Sector Conduct Authority (FSCA)Suspicious CloneRynat Capital (Pty) LtdFinancial Service Corporate23497
Suspicious Clone CySEC license
Suspicious Clone FSCA license
Domain information

What Can I Trade on XTrend Speed?

XTrend Speed offers trading on forex, commidities, indices and shares.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices ✔
Shares ✔
Cryptos❌
Bonds❌
Options❌
ETFs❌
Forex
Commodities
Indices
Shares

Leverage

XTrend Speed offers leverage from 1:30 to 1:300. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Leverage

XTrend Speed Fees

XTrend Speed does not charge clients any additional fees for deposits, however there are charges for withdrawals. Further information is not specified.

3.5% fee is charged on Withdrawals by E-wallet/ Credit Card/Debit Card.

Fees for withdrawals via Sofort and wire transfer will be charged depending on the withdrawal amount and country and currency of the bank account.

More detailed info can be found via https://www.xtrendspeed.com/en-US/more/faq

XTrend Speed Fees
XTrend Speed Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
XTrend Speed✔Mobile, PC, web/
MT4❌/Beginners
MT5❌/Experienced traders
XTrend Speed platform
XTrend Speed platform

Deposit and Withdrawal

Payment MethodsMinimum WithdrawalWithdrawal Processing Time
PayPal/Skrill/Neteller$20Instant
Nuvei/SecurionPay/Neteller/EcommPay2-3 working days
Sofort/Trustly/Ipay3-5 working days
Wire Transfer$1003-7 working days (Depends on EU/NON-EU countries)
Razorpay$205-7 working days

Deposit and Withdrawal FAQ
Deposit and Withdrawal FAQ

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Self-developed
  • High Potential Risk

News

XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

Exposure XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

XTrend Speed is a broker located in South Africa that offers trading in forex, commodities, indices and shares through its proprietary platform. However, its WikiFX profile contains a mixture of positive reviews, neutral comments and negative exposure reports.

XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

Exposure XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

XTrend Speed is a broker located in South Africa that offers trading in forex, commodities, indices and shares through its proprietary platform. However, its WikiFX profile contains a mixture of positive reviews, neutral comments and negative exposure reports.

XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

Exposure XTrend Speed Broker Exposed: What Are Other Traders Saying About This Broker?

XTrend Speed has received user complaints involving rejected withdrawals, address verification, missing funds and changes to account features. With a WikiFX Score of 1.57 out of 10 and two claimed licences listed as unverified, prospective traders should examine these reports carefully.

XTrend Speed Broker Review: Is It Safe for Traders?

News XTrend Speed Broker Review: Is It Safe for Traders?

This XTrend Speed review examines the broker’s background, regulatory status, trading products, platform and potential risks for investors.

Forget September Slump! S&P 500 Could Scale New Highs By Mid-2024, Predicts JPMorgan Strategist

News Forget September Slump! S&P 500 Could Scale New Highs By Mid-2024, Predicts JPMorgan Strategist

The stock market faced significant setbacks in September, with the S&P 500 Index, a broader seen since early June. Despite this, a market strategist remains optimistic about the medium- term outlook.

Stock market today: Dow snaps 4-week losing streak amid mixed quarterly earnings

News Stock market today: Dow snaps 4-week losing streak amid mixed quarterly earnings

The Dow closed lower Friday, snapping a four- week win streak on mixed quarterly earnings ahead of results from big tech next week. The Dow Jones Industrial Average was 0.1%, or 22 points higher, the Nasdaq rose 0.1%, and the S&P 500 added 0.1%.

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Wiki Q&A

Is XTrend Speed safe and reliable?

According to WikiFX data, XTrend Speed has a WikiFX score of 1.57 and a regulatory status of Unverified. The brand is associated with Rynat Capital (Pty) Ltd, registered in South Africa, with 5 to 10 years of operating history. The license list shows two entries marked Unverified: a CYSEC Market Making License (303/16) held by RYNAT TRADING LIMITED, and an FSCA Derivatives Trading License (23497) held by Rynat Capital (Pty) Ltd. Regulatory protection depends on the specific legal entity, license status, product, and client jurisdiction. Based on the available information, safety and reliability cannot be assured, and the profile presents elevated risk considerations.

10-17
United States

Is XTrend Speed regulated?

According to WikiFX data, XTrend Speed's regulatory status is Unverified. The Forex License section is empty. Under Anomalies, two licenses are listed: a CYSEC Market Making License (303/16) held by RYNAT TRADING LIMITED, and an FSCA Derivatives Trading License (23497) held by Rynat Capital (Pty) Ltd. Both are marked Unverified. Therefore, XTrend Speed does not currently show a verified regulated status in the available information.

10-17
United States

What is the minimum deposit of XTrend Speed?

The minimum deposit for XTrend Speed is not currently publicly specified in the available WikiFX data.

10-17
United States

Does XTrend Speed support MT4 or MT5?

According to WikiFX data, there is no explicit confirmation that XTrend Speed supports MT4 or MT5. The available information references the STrader platform and the XTrend Speed app, but MT4/MT5 support is not currently publicly specified.

10-17
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com